How to calculate profit and loss of Spot Metals Tradings
Profit and loss calculations for Spot Gold and Spot Silver are fairly simple. Both Spot Gold and Spot Silver trade in lots and the smallest trade you can place is 1 mini lot. The standard lot for Spot Gold is 100 troy ounces and the sta...
How to Read a Spot Metal Quote? What is the Pip Value?
Reading a Spot Gold or Spot Silver quote is very similar to reading a FOREX quote. Quotes for Spot Metals are represented in the same way as quotes for currency pairs. Spot Gold traded against the U.S. Dollar is XAU/USD and Spot Silver t...
What is Spot Metals? How the Trading works?
Trading in precious metal futures market or spot market in a speculative manner provides an important alternative to traditional means of investing in precious metals such as gold bullion, coins, and mining stocks, and where substantial ...
